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Taxonomy & unit
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ratio: %
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Description
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Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
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Summary
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Innovative Payment Solutions, Inc. quarterly/annual Return On Equity history and growth rate from Q3 2016 to Q3 2024.
- Innovative Payment Solutions, Inc. Return On Equity for the quarter ending September 30, 2024 was 56.3 %, a 65.1% decline year-over-year.
- Innovative Payment Solutions, Inc. annual Return On Equity for 2023 was 93.8 %, a 99.2% decline from 2022.
- Innovative Payment Solutions, Inc. annual Return On Equity for 2022 was 11.9K %.
- Innovative Payment Solutions, Inc. annual Return On Equity for 2021 was -398 %.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)